RATCH to invest more in wind-power projects

Ratchaburi Electricity Generating Holding PLC (RATCH) plans to invest more in wind power projects, possibly in north and northeast Thailand, for which it is now conducting a feasibility study, the Bangkok Post reports. Thawat Vimolsarawong, senior executive vice president (EVP) for business development, said wind power was the most promising renewable power source for Thailand. Its 60-megawatt wind farm worth 4.274 billion baht (US$127.60 million) in Khao Kho, Phetchabun, is currently awaiting approval from the Royal Forestry Department to use 1,000 rai (160 hectares) of land. Construction is expected to start late this year or early next year as planned. The project is being developed by Sustainable Energy Corporation (SEC) which is 60% owned by Renewable Energy Co., a local research house for alternative fuel, 35% by Ratchaburi and 10% by retail investors. (September 28, 2009)